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The Independent UK
The Independent UK
National
Vishwam Sankaran

Study of ancient coins sheds new light on Roman financial crisis

Images provided by Jean Milot

A fresh analysis of ancient Roman currencies has shed new light on the financial crisis 2,000 years ago that was briefly mentioned by Roman statesman and writer Marcus Tullius Cicero in his essay on moral leadership, De Officiis.

“Historians have long debated what the statesman and scholar meant when he wrote ‘the coinage was being tossed around’, so that no one was able to know what he had, and we believe we have now solved this puzzle,” says Kevin Butcher, an archaeologist at the University of Warwick in the UK.

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